Difference between revisions of "Objective / Target"
From ControllingWiki
Achtung. Sie nutzen eine nicht mehr unterstützte Version des Internet Explorer. Es kann zu Darstellungsfehlern kommen. Bitte ziehen Sie einen Wechsel zu einer neueren Version des Internet Explorer in Erwägung oder wechseln Sie zu einer freien Alternative wie Firefox.| [pending revision] | [pending revision] |
(jRnQrsRLCZGwcd) |
(minor updates) |
||
| (4 intermediate revisions by 3 users not shown) | |||
| Line 1: | Line 1: | ||
| − | + | == IGC-DEFINITION == | |
| + | '''Objective/Target / [[:de:Ziel|Ziel]]'''<br> | ||
| + | An objective is a desired future state, which should be precisely defined in terms of content, time frame and scope. One can also regard an objective as a result to be achieved. In the English-speaking world – the term target is often used to define a specific figure or ratio to be achieved (e.g. sales volume, percentage of sales, etc.) Thinking and working with objectives and targets is indispensable for effective [[controlling]]. Management by objectives and controlling interlock and grow together. Objectives are supposed to define what is to be achieved and accordingly need to be reviewed and reworked each year. In an objective-oriented corporate culture a person qualifies as a manager by planning his objectives precisely (without building in slack) and then achieving them too. | ||
| + | Objectives are typically clearly quantified and qualified. In the process of setting and agreeing upon objectives, individual targets for the employees responsible are derived step by step from corporate objectives like, for example, the [[Return on Investment ROI|Return on Investment]]. Depending on the employee’s area of responsibility, these can be contribution margin objectives, cost or output objectives. The combination of [[contribution margin]] and [[Costs / Cost accounting|cost]] objectives generates consistent objective frameworks for achieving profitability and systems which are suitable for [[responsibility accounting]] as well as for [[decision accounting]]. In this way the desired behaviour of managers aimed at by the controlling tools can be implemented. | ||
| + | |||
| + | [[Image:Objective.png|x750px|]] | ||
| + | |||
| + | Management by (agreeing upon) objectives is superior to setting objectives because each employee is involved in the process of working out objectives, which promotes his own motivation and readiness to accept the objectives. | ||
| + | |||
| + | |||
| + | from: [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)] | ||
| + | |||
| + | == Source == | ||
| + | |||
| + | [http://www.igc-controlling.org/EN/_publikationen/publikationen.php IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.), 4. Auflage, Schäffer-Poeschel, Stuttgart, 2010] | ||
| + | |||
| + | == Cat Saves Owner Hours After Adoption == | ||
| + | |||
| + | A newly-adopted cat repaid his owners loving gesture earlier this month by saving her from a medical emergency just hours after he was brought home, the Green Bay Press Gazette reports. | ||
| + | |||
| + | [[http://goodvillenews.com/Cat-Saves-Owner-Hours-After-Adoption-ixHpp7.html Cat Saves Owner Hours After Adoption]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == The Art of Motivating Employees == | ||
| + | |||
| + | Could a simple five-minute interaction with another person dramatically increase your weekly productivity?In some employment environments, the answer is yes, according to Wharton management professor Adam Grant. Grant has devoted significant chunks of his professional career to examining what motivates workers in settings that range from call centers and mail-order pharmacies to swimming pool lifeguard squads. | ||
| + | |||
| + | [[http://goodvillenews.com/The-Art-of-Motivating-Employees-oTveQ5.html The Art of Motivating Employees]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == Man Builds Fairy Tale Home for $4700 == | ||
| + | |||
| + | Simon Dale is a family man in Wales, the western part of Great Britain. His interest in self-sustainability and an ecological awareness led him to dig out and build his own homeone of the loveliest, warmest, most inviting dwellings you could ever imagine. And it cost him only 3,000, about $4,700 American dollars! | ||
| + | |||
| + | [[http://goodvillenews.com/Man-Builds-Fairy-Tale-Home-for-4700-CHIO9L.html Man Builds Fairy Tale Home for $4700]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == Use Your Talents Give More Receive More == | ||
| + | |||
| + | When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, I used everything you gave me.Erma Bombeck | ||
| + | |||
| + | [[http://goodvillenews.com/Use-Your-Talents-Give-More-Receive-More-n807aT.html Use Your Talents Give More Receive More]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
| + | |||
| + | == Why You Should Always Trust Yourself == | ||
| + | |||
| + | Trust yourself. You know more than you think you do. Benjamin SpockAs time passes by and the more work you will do on discovering and improving yourself, the more you will realize that the ancient Latin quotation: Ne te quaesiveris extra - Do not look outside of yourself for the truth, is true. | ||
| + | |||
| + | [[http://goodvillenews.com/Why-You-Should-Always-Trust-Yourself-TR2gYW.html Why You Should Always Trust Yourself]] | ||
| + | |||
| + | [[http://goodvillenews.com/wk.html GoodvilleNews.com - good, positive news, inspirational stories, articles]] | ||
Latest revision as of 18:29, 13 August 2012
Contents
IGC-DEFINITION
Objective/Target / Ziel
An objective is a desired future state, which should be precisely defined in terms of content, time frame and scope. One can also regard an objective as a result to be achieved. In the English-speaking world – the term target is often used to define a specific figure or ratio to be achieved (e.g. sales volume, percentage of sales, etc.) Thinking and working with objectives and targets is indispensable for effective controlling. Management by objectives and controlling interlock and grow together. Objectives are supposed to define what is to be achieved and accordingly need to be reviewed and reworked each year. In an objective-oriented corporate culture a person qualifies as a manager by planning his objectives precisely (without building in slack) and then achieving them too.
Objectives are typically clearly quantified and qualified. In the process of setting and agreeing upon objectives, individual targets for the employees responsible are derived step by step from corporate objectives like, for example, the Return on Investment. Depending on the employee’s area of responsibility, these can be contribution margin objectives, cost or output objectives. The combination of contribution margin and cost objectives generates consistent objective frameworks for achieving profitability and systems which are suitable for responsibility accounting as well as for decision accounting. In this way the desired behaviour of managers aimed at by the controlling tools can be implemented.
Management by (agreeing upon) objectives is superior to setting objectives because each employee is involved in the process of working out objectives, which promotes his own motivation and readiness to accept the objectives.
from: IGC-Controller-Wörterbuch, International Group of Controlling (Hrsg.)
Source
Cat Saves Owner Hours After Adoption
A newly-adopted cat repaid his owners loving gesture earlier this month by saving her from a medical emergency just hours after he was brought home, the Green Bay Press Gazette reports.
[Cat Saves Owner Hours After Adoption]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
The Art of Motivating Employees
Could a simple five-minute interaction with another person dramatically increase your weekly productivity?In some employment environments, the answer is yes, according to Wharton management professor Adam Grant. Grant has devoted significant chunks of his professional career to examining what motivates workers in settings that range from call centers and mail-order pharmacies to swimming pool lifeguard squads.
[The Art of Motivating Employees]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
Man Builds Fairy Tale Home for $4700
Simon Dale is a family man in Wales, the western part of Great Britain. His interest in self-sustainability and an ecological awareness led him to dig out and build his own homeone of the loveliest, warmest, most inviting dwellings you could ever imagine. And it cost him only 3,000, about $4,700 American dollars!
[Man Builds Fairy Tale Home for $4700]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
Use Your Talents Give More Receive More
When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, I used everything you gave me.Erma Bombeck
[Use Your Talents Give More Receive More]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
Why You Should Always Trust Yourself
Trust yourself. You know more than you think you do. Benjamin SpockAs time passes by and the more work you will do on discovering and improving yourself, the more you will realize that the ancient Latin quotation: Ne te quaesiveris extra - Do not look outside of yourself for the truth, is true.
[Why You Should Always Trust Yourself]
[GoodvilleNews.com - good, positive news, inspirational stories, articles]
